- Robinhood launched the Trump Accounts app on iOS, Android, and trumpaccount.com.
- Children born from 2025 to 2028 get an initial $1,000 contribution from the Treasury.
- Family, friends, and employers can together contribute up to $5,000 annually now.
Robinhood has officially launched the Trump Accounts app, opening access to all eligible US households ahead of the program’s formal launch on July 4, 2026. The app is available now on iOS, Android, and through trumpaccount.com.
What the Accounts Offer
Trump Accounts are tax-advantaged investment accounts designed to give children a financial head start. Any US child under 18 with a valid Social Security number is eligible to open one. Children born between 2025 and 2028 qualify for an initial $1,000 contribution funded directly by the US Treasury.
Beyond that initial deposit, family members, friends, and employers can collectively contribute up to $5,000 annually to each account. Contributions are automatically invested in a default low-cost index fund built for long-term growth, and account holders can track contributions, performance, and projected growth directly through the app.
At age 18, the child gains control of the account and can choose to withdraw funds or continue investing, subject to rules similar to those governing traditional IRAs.
How to Get Started
Families need to file IRS Form 4547, available on the IRS website, unless this was already completed during tax filing. After downloading the app and registering, users will be notified once their election to open a Trump Account has been processed. Once approved, the account can be activated through the app, with contributions beginning July 4, 2026.
The first wave of activation emails went out from [email protected], with additional invitations continuing to roll out over the coming weeks to everyone who has filed the required form.
Who Is Running It
The program, formally known as a 530A account, was authorized under the “Big and Beautiful” bill signed by President Trump in 2025. Robinhood Securities serves as the initial trustee on behalf of the US Treasury, holding and administering account assets in a fiduciary capacity. BNY Mellon has been named as the designated financial agent for the program.
Robinhood Financial LLC and Robinhood Securities LLC, both registered broker-dealers and SIPC members, provide brokerage and clearing services. Both are subsidiaries of Robinhood Markets Inc, listed on Nasdaq under the ticker HOOD.
The company has emphasised that all investing carries risk, and that hypothetical growth projections shown in promotional materials are illustrative only, based on assumptions like biweekly $50 contributions over 13 years at a 7% annual return, and do not account for inflation, taxes, fees, or real-world market changes.
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